£387,137
This estimated value is based upon the latest sale price for the house of £96,500 on 14 Jan 2000. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£96,500 | 14 Jan 2000 |
£45,000 | 6 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in January 2000 the House Price Index for CITY OF NOTTINGHAM was 37.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 301.178%.Applying this 301.178% change to the original purchase price of £96,500 results in an estimated price of approximately £387,137.
14 Jan 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.3 | 149.7 | 301.178 % | £96,500 | £290,637 | £387,137 |
The Postcode Pricing Model uses changes in average sales price within the NG7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 324.106 % | £312,762 | £409,262 |
3 Month Average | 335.269 % | £323,535 | £420,035 |
6 Month Average | 297.509 % | £287,096 | £383,596 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £320,017 | £315,100 | 13 WILLOUGHBY AVENUE |
26 Oct 2023 | £276,275 | £270,000 | 6 FREDERICK GROVE |
26 Oct 2023 | £319,762 | £312,500 | 2 FREDERICK GROVE |
26 Oct 2023 | £306,972 | £300,000 | 8 FREDERICK GROVE |
28 Apr 2023 | £326,099 | £320,000 | 28 GLOUCESTER AVENUE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 22 Dec 2018. Using an estimated price of £387,137 means this house is valued at £3,122 per sq meter (£290 per sq foot).
The average size of a house on WILLOUGHBY AVENUE is 144 sq meters (1,550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willoughby Avenue |